While Unethical Practices Do Exist,it Is Good That the Great

question 14

Multiple Choice

While unethical practices do exist,it is good that the great majority of small firms strive to achieve the highest standards of ____ in their quest for profits.

• A)integrity
• B)relativism
• C)synchronous behavior
• D)congruity

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Definitions:

Planning Budget

A budget developed at the beginning of the budgeting period that is based on projected levels of activity.

Selling

Expenses incurred directly and indirectly in making sales, including advertising, sales commissions, and the cost of sales personnel.

Administrative Expenses

Overhead or indirect costs related to the general operation of a company, such as office supplies, legal fees, and management salaries.

Planning Budget

A financial plan that estimates the revenues and expenditures for a certain period of time in advance.